Solved

Credit Card Payment - Internet based payment

Posted on 2011-09-20
3
273 Views
Last Modified: 2012-06-27
why we cant implemrnt the PIN on the web based transaction to protect the unathorised use of card up to some extend
0
Comment
Question by:cur
  • 2
3 Comments
 
LVL 83

Assisted Solution

by:Dave Baldwin
Dave Baldwin earned 125 total points
ID: 36570761
The information you collect is determined by your 'credit card service provider' or 'payment gateway'.  I think the PIN is only used on a direct connection to the issuing bank.  An internet provider probably doesn't have access that can verify the PIN.
0
 

Author Comment

by:cur
ID: 36571165
yes .  internet payment largely unsecure due that  that varification issue  . isn't it .
0
 
LVL 83

Accepted Solution

by:
Dave Baldwin earned 125 total points
ID: 36571725
No, I have no reason to think that.  Almost everything else like the CCV code and the name and address are checked by the payment gateways.  That can actually make it more secure.  If someone gets your PIN and card, they can use it however they want because that is the only thing that is checked.  Some gas stations ask for my ZIP code these days.  As far as I know, you have to have the card to use the PIN.
0

Featured Post

Networking for the Cloud Era

Join Microsoft and Riverbed for a discussion and demonstration of enhancements to SteelConnect:
-One-click orchestration and cloud connectivity in Azure environments
-Tight integration of SD-WAN and WAN optimization capabilities
-Scalability and resiliency equal to a data center

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Suggested Solutions

Title # Comments Views Activity
what is social commerce how it's work 2 93
Does a higher google page rank, mean more money from Adsense? 2 71
Need a really cheap CRM 5 118
paypal ipn url 5 79
Often people are aiming at development of perfect Magento websites. Though, it is easier said than done. You know what’s much easier? To ruin everything. It can be done in seconds. Many of us experimented with design, tried to change some values dir…
Businesses who process credit card payments have to adhere to PCI Compliance standards. Here’s why that’s important.
Viewers will get an overview of the benefits and risks of using Bitcoin to accept payments. What Bitcoin is: Legality: Risks: Benefits: Which businesses are best suited?: Other things you should know: How to get started:
This video explains how to create simple products associated to Magento configurable product and offers fast way of their generation with Store Manager for Magento tool.

860 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question